The region is home to 35 unicorns and counting, with fintech and e-commerce companies having raised the most funds, so far. With the public markets taking notice of the sector’s vast potential, 2022 could promise more listings in the line-up.
Vietnam is emerging as a major tech ecosystem hub and provides a viable alternative investment pipeline to China, in the context of ongoing regulatory crackdown. And if it’s an indication of the country’s ambitions, start-ups like Loship are chasing the dream of ringing the US opening bell.
Being cashflow positive is crucial for start-ups and while the pandemic has made this more challenging, lessons learned help fuel the positive Southeast Asian outlook.
Players at the cutting edge of Australia’s start-up industry discussed collaboration, culture, trust, privacy and innovation at a recent roundtable hosted by Accenture and FinanceAsia.